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our ailing economy and certainly not the answer for the hardworking folks back home in wyoming. when you start with one party doing the drafting and those who wrote the budget hold the majority on the budget committee, you can expect the bill to be one-sided. if you keep on doing whatever you a been doing, you can expect to get the same results. unfortunately, i believe that's what we'll see this week as we debate the budget here on the senate floor. the majority kept us in the dark on the budget until the last -- until last wednesday evening. we had to present our opening statements in the budget committee before we even sue the budget the majority -- even saw the majority the budget would offer. i do have to say in the defense of the majority that that's the way it's been for several years, both when the republicans were in charge and when the democrats are in charge. thea's thacharge that doesn't mean it is right. you have to share it. so then we had to turn around and start voting on the amendments the next morning in the budget committee and we weren't part of that process, beca
every word i say for or against me. it's made our life easier and also changed our economy. you go to grocery store today and find machines doing the jobs people once did. one person because of automation can do the work by people used to do. it's the world around us that is changed and had an impact on our people. on our hard-working people, many of seeing jobs wiped out. just been doing 20 years gone overnight. .. to protect the people who are struggling and they don't want want to take in want to take it away from anybody. the vast majority of americans in the hard-working middle class don't want to take away from people that have made. they do want to hurt the people that are trying. they wonder who is fighting for them. who's fighting for the hard-working everyday people who do things right and do not complain that have built this nation? and conservative believers in limited government and free enterprise that that is our challenge in their and the opportunity. to be there for them and by the way i can think of a better call because our hard-working middle-class is one of the
see the economy take off mr. mr. norquist? >> guest: okay, we haven't had trillion dollars spending cuts that we had an agreement by the president of the united states forced on them by the republicans to reduce spending over the next decade by a trillion dollars, so 100 million a year. they haven't started yet and they're just beginning to kick in. this a quest or is an additional $1.2 trillion over the decades to what the republicans want in the state battle we had in 2011, the budget control act was obama needs the debt ceiling to be increased because we spent so much money and republican said okay, we will raise the debt ceiling so the country doesn't default but only if you agree to a dollar for dollar reduction in spending over the next decade. that $2.5 trillion in spending restraints, not real cuts, spending, less than obama had hoped but in washington that is called a cut. if you want 10 of something and you only got eight of something, you walked away with eight but so that was the $2.5 trillion spending reduction over the next decade. it hasn't happened yet. we have sever
people, but the economy, that was a glimpse of the kinds of effects that you could create with a cyberattack. that is why it has our attention. >> that is why individual industries, and given the potential, had preemptive action today. >> senator, i think that this set some standards and goals. we have identified the correct relationships between commercial and private and government. .. i presume that you are seeing huge pressures as naval forces are withdrawn because of budget pressures, but also can you comment on the role of coast guard because even though it's not the jurisdiction i present a place of very large role, too. if the idb to push its in your al because that will degrade. >> i think i plan to grow on their life in that part of the world. we are ensuring that they hip and shoulder to shoulder. as you say with a secret regime, i occupy a seat that is before suitable combatant commanders. we didn't get much that we get just about zero now if sequestration stands. what that translates to his last year we get 150 to 200 tons of cocaine on the high seas, coast gu
the economy of the united states, not our strategic commands, but atm machines and etc. have you done a calculation of the potential cost of the economy, if someone decided to conduct an intimate attack on our banking system -- and concentrated attack? >> senator, an attack on our bank would be significant. it would have significant impact. if people can't get to their money, the impact of that is huge and you have seen that. we have discussed that. >> yes, we have. >> what i am concerned about is a service attack can accomplish that. it could make it very difficult for people to do online banking and trading and others. so there is a cost if you think about losing amazon, one hour cost $7 million in profit to them. and there is also a cost to accomplish its legislation in that each of our critical infrastructure portions of our industry have different levels of cyberreadiness, if you will. so the banks and the internet service providers are generally pretty good. the power companies are not so good and the government is somewhere in between. so the cost for fixing that is significant
Search Results 0 to 4 of about 5